New SEC Chairman Gary Gensler calls on Congress to rein in crypto



Brian Cheung joins Myles Udland and Brian Sozzi to discuss SEC Chairman Gary Gensler’s comments on cryptocurrency and how he wants Congress to regulate crypto to protect investors from a catastrophe.

#crypto #cryptocurrency #investors #Congress

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15 comments

  1. Rein in institutions and hedge funds that cheat the market and steal retail investors money. They won’t do so cause they’re getting a kickback from those bastards

  2. Addy Onciano

    GARY GENSLER IS CORRUPT AND SHOULD BE INVESTIGATED FOR BRIBES HE GETS FROM TGE HEDGE FUNDS. THIS GUY ONLY GOES AFTER WHAT THEY TELLS THEM TO. STOP LOOKING AWAY FROM OBVIOUS CORRUPTION

  3. RIGHT……. I'm going to trust a guy who looked the other way and allowed big Wall Streets guys to manipulate market price and cause millions of people to loose money. NOT A CHANCE. These guys are the real crooks and cheats. I think most people in Crypto have no problem paying tax. Its the do as I sayers and not as I do folks who are the ones barking the loudest. Probably since they didn't get involved in crypto and now are pissed.

  4. Why don’t you go after all the unethical politicians insider trading ??? It’s all a joke

  5. Let's trust the former head of the CFTC who allowed massive illegal price manipulation in the precious metals markets to design, implement and enforce the regulation of crypto. What could go wrong ?

  6. Hey Gary how dare you let the words “ protecting investor” fall from your mouth.

  7. Gary rigged the Silver market for years. This man is a plain ole criminal, projecting power on the people.

  8. NO! Legalize it first then we can toke about it.

  9. Just buy more etherum and your life will be amazing 🚀😊

  10. charlet foster

    Crypto does need regulation, otherwise it is the wild, Wild West

  11. The LockDown Trader

    I know" Gary from his lectures in MIT on Blockchain, he knows what he's talking about. Crypto does need some regulation if big hedge funds can be permitted to invest in it.

  12. DutchEastIndianApplePie

    Does he not realize that trying to "rein in" crypto will be lost cause since pretty much everything is decentralized and permissionless which means no centralized entity or chokepoints that he can go after.

  13. Crypto is worthless. Better off getting rich off paper plates and toilet paper as a store of wealth.

  14. tarrantcountykid

    Rein in average people getting rich But for naked shorting by billionaire hedge funds he has nothing

  15. Crypto is borderless. It is a little wild west when it comes to lower level scam coins but ultimately the point is to break away from any one person/government from owning it or controlling it…. Wrap it up and say it's to 'protect' investors but the end of the day they will do much worst to protect it's investors in fiat and the stock market.

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